🟢 Upstart is trading 14% up today after strong Q2 results and return to GAAP profitability

Upstart is trading at $34.56 (14% up) after reporting strong second-quarter results and a return to GAAP profitability.

• Revenue grew 42% year-over-year to $364.7 million, beating analyst estimates.
• Loan originations surged 50% to $4.2 billion, signaling a significant rebound in growth.
• Investors are focused on the company's return to profitability and top-line expansion, outweighing a slight EPS miss.